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HomeLatestEUR/USD Price Forecast Update - July 12, 2024

EUR/USD Price Forecast Update – July 12, 2024

The EUR/USD price has resumed its upward trajectory, nearing our anticipated target of $1.0915 and showing potential for further gains to exceed this level, aiming for additional highs around $1.0980.

Analysts maintain a bullish outlook for today, contingent upon the price remaining above the critical support level of $1.0840 with a daily closing above this mark.

Today’s expected trading range is projected between support at $1.0800 and resistance at $1.0950.

Trend Forecast: Bullish

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